concessionary

US /kənˈseʃ.ən.er.i/
UK /kənˈseʃ.ən.er.i/
"concessionary" picture
1.

relating to or denoting a reduced price for certain groups of people or for a particular purpose

:
Elderly people are eligible for concessionary fares on public transport.
The museum offers concessionary rates for students.